The price of XRP has experienced a significant increase, surpassing resistance levels at $2.65 and $2.80. It has gained over 15% and has outperformed both Bitcoin and Ethereum. The price has continued to rise, reaching as high as $3.399 and is currently consolidating above the 23.6% Fib retracement level. XRP is trading above $3.20 and the 100-hourly Simple Moving Average, with a bullish trend line forming around $3.15. However, there is potential resistance at $3.35 and $3.40, and if the price fails to break these levels, a decline may occur with support levels at $3.25 and $3.20. If the price continues to decline, major support sits at $2.8850 and $2.75. Technical indicators show a bullish trend in terms of MACD and the RSI is currently above 50.



Other News from Today